“U.S. chipmaker Qualcomm was hit with a 997 million euro ($1.23 billion) fine by EU antitrust regulators on Wednesday for paying Apple to only use its chips, blocking out rivals such as Intel,” Foo Yun Chee reports for Reuters.
“The European Commission said its investigation, launched in 2015, covered the period from 2011 to 2016 and took into account Qualcomm’s market dominance in LTE baseband chipsets, which enable rapid mobile broadband connections,” Chee reports. “The fine represented 4.9 percent of Qualcomm’s 2017 turnover, the Commission said. Qualcomm said it would appeal the Commission’s decision immediately.”
The EC said “there would be no repercussions for Apple in the case,” Chee reports. “Apple and Qualcomm are meanwhile locked in a wide-ranging legal battle over Qualcomm’s business practices, which started a year ago with Apple suing Qualcomm for nearly $1 billion in patent royalty rebates that the chipmaker allegedly withheld from the phone maker. Other regulators, including the U.S. Federal Trade Commission, are also investigating Qualcomm’s dealings with Apple. The EU decision could make Qualcomm more vulnerable to chipmaker Broadcom Ltd’s $103 billion hostile bid, which Broadcom argues will smooth rocky relations with customers such as Apple.”
Read more in the full article here.
MacDailyNews Take: Qualcomm’s house of cards begins to fall.
The jig is up, Qualcomm.
Qualcomm’s FRAND abuse must stop.
Qualcomm’s licensing scam — charging a percentage of the total cost of all components in the phone, even non-Qualcomm components — is unreasonable, illogical, and irrational.
Apple countersues Qualcomm for patent infringement – November 29, 2017
Apple designing next-gen iPhones, iPads that would dump Qualcomm components – October 31, 2017
Qualcomm faces long odds in attempt to get ban of iPhone sales and manufacturing in China – October 17, 2017
Qualcomm files lawsuits seeking China iPhone ban, escalating Apple legal fight – October 13, 2017
Qualcomm fined record $773 million in Taiwan antitrust probe – October 11, 2017
Apple faces down Qualcomm, Ericsson over EU patent fees – October 2, 2017
Qualcomm loses two key rulings in its patent royalty fight with Apple – September 21, 2017
Apple’s A11 Bionic obliterates top chips from Qualcomm, Samsung and Huawei – September 18, 2017
U.S. judge rules Apple lawsuits against Qualcomm can proceed – September 8, 2017
Qualcomm CEO expects out of court settlement with Apple – July 18, 2017
Apple-Qualcomm legal dispute likely to be ‘long and ugly’ – July 7, 2017
Qualcomm wants court to block Apple from U.S. iPhone imports and sales – July 6, 2017
Judge rules U.S. FTC antitrust lawsuit against Qualcomm to proceed – June 27, 2017
Apple uses Supreme Court decision to escalate war against Qualcomm – June 20, 2017
Apple’s amended San Diego complaint against Qualcomm leaves no doubt: many billions at stake – June 20, 2017
Apple rejects Qualcomm’s allegation of throttling iPhones, says ‘study’ is ‘methodologically unsound’ – June 20, 2017
Apple just poached one of Qualcomm’s top guys – May 31, 2017
[Thanks to MacDailyNews Readers “Fred Mertz” and “Lynn Weiler” for the heads up.]